The Vietnam Oil and Gas Group (Petrovietnam) is striving to raise its total installed power capacity to 8,000-14,000 MW by 2030, which is projected to account for 8-10% of the country’s combined capacity by 2045, under its revised strategy.
The Lac Da Vang oil field of Vietnam, with a total investment of nearly 700 million USD, has received the final investment decision (FID), expected to generate considerable work for the Petrovietnam Technical Services Corporation (PTSC) and the Petrovietnam Drilling and Well Services Corporation (PV Drilling) in the coming time.
Within the framework of Singapore International Energy Week (SIEW), Singapore’s Energy Market Authority (EMA) on October 27 granted conditional approval to Sembcorp Utilities Pte Ltd (SCU) – a wholly-owned subsidiary of Sembcorp Industries (Sembcorp) to import wind power from Vietnam.
The Petrovietnam Technical Services Corporation (PTSC) and its Singaporean partner Sembcorp Utilities Pte Ltd have been granted a survey license and a letter of content to carry out the steps related to a project on developing offshore renewable energy in Vietnam and exporting clean electricity to Singapore.
The Board of Directors of the PetroVietnam Technical Services Corporation (PTSC) has issued a decision on the establishment of a branch in the Middle East.
PetroVietnam Technical Services Corporation (PTSC) will be the supplier of a floating storage and offloading (FSO) system to the project of developing the Sao Vang-Dai Nguyet gas fields, which is invested by Japanese firm Idemisu Kosan.